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college graduates by 2020. we used to be number one. we are now no. 12. we are going to get back to no. 1 by the end of the decade. that is why we're revitalizing community colleges and reforming our education system based on what works, not is -- not on what is status quo. that is why we're fighting to make permanent our new tax credit. that will mean $10 million for tuition relief for each child going to -- $10,000 for tuition relief for each child going to college. we see an america where the middle class is the bleeding heart of the economy. that is why we passed health insurance reform to stop insurance companies from jacking up your premium, then drop coverage when you are sick or have a pre-existing condition. that is why we passed financial reform, to end taxpayer bailouts. to stop on wall street banks from taking advantage of the people. we want to compete on service, on good products and good prices. that is why we are trying to make it easier for workers to pay for retirement and fighting efforts by some parties for social security, because the phone if i am president, no one i
tax cuts. you question about the problem. i don't want to use the word, problem because it's a choice of chat the government should be relative to the thing that's different going forward is the high share of spending. as we've written to population aging, changing and health as spkts of the government's budget. >> that's an important point to keep in behind. dealing with reality as it's coming at us the government will go from 20% of g.d.p to 24 percent of g.d.p. that's in large part the driverer of the gap that's causing the deficit and debt that's going to bankrupt the country. this debate over taxes is really new jersey my opin in my opinion a bit of a straw dog debate. as you pointed out, 75 to 80 percent of revenues will not be received because we're not going to pay taxes because everybody greece those taxes won't be raised so it really is this whole tax thing in my opinion is really not what we should be focusing. we should focus on the growth of this government from 20-24 percent and how to get that back into control under an imaginable number considering the revenue base. i
city bombing was about half a ton of explosions. nuclear weapons, the unit used is thousands of tons. it takes about 25 truck loads, semitrucks. there have been megaton weapons as well. think about something completely different. do not think in terms of just another explosion. the original five nuclear club was formed. it become clear they were the ones that would control the intent around the world. what if that hadn't happened or suppose we didn't understand all the things we did about notify indication. we maloufed it was possible to make explosions. that took a lost effort to do. what if it had not happened? >> it is a great sport for people not involved in relay history. if discovery hadn't been made, what would the world have been capable of doing without that? my wife hates it because i watch the history channel. there were eight wars by the time i was in middle school. eight strategic wars and vietnam for us. we new world war i left about 20 million people dead. without nuclear weapons, what is the world tapeable of doing in terms of conventional arment. think about world wa
country. thanks for joining us on "washington journal" and will be back tomorrow morning at 7:00 a.m. eastern half to take your calls. . >> happening right now on c-span 2, the impeachment trial of louisiana federal judge thomas porteus accused of taking bribes. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] senators are considering a judicial nomination before resuming debate on a small business bond. the bill includes $12 billion in tax breaks, an additional small business support for it live coverage when the senate comes in this afternoon at 2: 30 eastern. domestic manufacturing and energy efficiency, live coverage on cspan when the house gavels in tomorrow at 2:00 p.m. eastern. >> every weekend on cspan 3, experience american history. 48 hours of people and events telling the american story. here historic speeches by national leaders and eyewitness accounts by events that shaped our nations. visit museums, historical sites, and college campuses as professors and leading historians tell them to america's past. am
needed that becomes too big to fail. the bill doesn't give us the authority but it does give us the authority if we despair of these other methods that we believe the firm in size and complexity is dangerous we have both of the living will requirement but also the authority regulators collectively to break up firms. i don't know the answer to that question. that is the charge congress has been -- given the regulators and we take seriously that charge. we put in place some reasonable approaches, but i appreciate your historical perspective which says over the long run you have to take into account the political influence of these large institutions. >> in terms of the will of the institutions themselves, there is a division in american industry. some industries have adopted levels of self regulation, in depth, an acceptable behavior for instance nuclear power industry has developed impressive processes. best practice and enforcement, on the other hand. they had just seen one of the manifestations. the financial community or nuclear power industry or more like deepwater drilling.
Search Results 0 to 4 of about 5